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steve harrigan live in cairo for us. steve? >> shepard, these opposition protesters behind me on tahrir square are calling for people to marchionne the presidential palace tomorrow. that raises a clear possibility of conflict with supporters of president morsi around that presidential palace it will also be a real test of the opposition's numbers. we saw them peak out last week here at the square at 250,000. right now at 2:30 in the morning. probably fewer than a thousand people out there. in the meantime egypt's highest court the supreme constitutional court continues not work. their courthouse is surrounded by several thousand protesters who are loyal to the egyptian president. interior ministry says it is safe for those judges to enter and exit into the court house. the judges themselves don't think so. they say he are psychologically and physically intimidated by the chanting crowd. shepard, back to you. >> shepard: steve harrigan live this tuesday morning in cairo. the obama that administration strongly credit sized plan t
steve harrigan live in cairo for us. steve? >> shepard, these opposition protesters behind me on tahrir square are calling for people to marchionne the presidential palace tomorrow. that raises a clear possibility of conflict with supporters of president morsi around that presidential palace it will also be a real test of the opposition's numbers. we saw them peak out last week here at the square at 250,000. right now at 2:30 in the morning. probably fewer than a thousand people out...
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Dec 5, 2012
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steve jobs, this is the first year next year where we're really in the post-steve jobs era. we have the margin mix, slowing growth. you would expect multiple compression on that, but don't forget they come out with a big product our big number, psychology can change in a minute. >> if you take a look at the sector they play, they're selling at a significant premium so the com uponants of their business, whether it's smartphones or whether it's pcs. granted they're macs, not p.m. cs, but they're selling down six, seven times. >> totally fair, but i mean, look at dell and look at hp versus apple. every single business apple has is growing very nicely. they have a wonderful new phone out there, the smartphone market has tremendous growth. >> i agreed. i just think you have time. for the first time we're seeing the steve jobs premium as you mentioned come out of the stock and wonder what's next on the product cycle. >> if you say you have time, you've got time. >> well, thank you. >> how diplomatic. henry, good to talk with you as always. thanks for coming on. >> thank you for h
steve jobs, this is the first year next year where we're really in the post-steve jobs era. we have the margin mix, slowing growth. you would expect multiple compression on that, but don't forget they come out with a big product our big number, psychology can change in a minute. >> if you take a look at the sector they play, they're selling at a significant premium so the com uponants of their business, whether it's smartphones or whether it's pcs. granted they're macs, not p.m. cs, but...
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. >> and then larry, later in the afternoon, our steve leishman sat down with treasury secretary tim geithner. geithner in that interview late in the afternoon made it clear that this is brinksmanship of the highest order. >> i want to understand the administration's position when it comes to raising taxes on the wealthy. those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect for an agreement that doesn't involve those rates going up on the top 2% of the wealthy. it's only 2%. >> reporter: of course, up on capitol hill, republicans don't necessarily agree with that. speaker of the house john boehner said today that he is still waiting for a counterproposal now from the president of the united states. and we learned late this afternoon that in fact speaker boehner and president obama had a phone call today. we don't know, however, what was said in that call. but reports are that some progress is being made in these negotiations. at least conversations continuing behind the
. >> and then larry, later in the afternoon, our steve leishman sat down with treasury secretary tim geithner. geithner in that interview late in the afternoon made it clear that this is brinksmanship of the highest order. >> i want to understand the administration's position when it comes to raising taxes on the wealthy. those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's...
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Dec 7, 2012
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let's go to steve grasso. a remarkable run for the stock. i've asked the question on more than one occasion, whether it's style or substance that's behind the move. >> if you look at it, this is a technical call there. there is the appearance of a triple top. you have to look at 20102010, 2. 1915ish. if we can cross over that, you're looking at the same thing. >> are you worried that once the halo, so to speak, that the street has given melissa myer the benefit of the doubt. once reality has set in that her job is big that the stock is going to fade? >> i don't know what reality is going to set in. they've been able to monetize alibaba. there's still money there. they're cash plentiful at this point. there were rumors about maybe a special differ but i think they'll probably ratchet up their corporate repurchase. so all those things are positive and i think it's all of it enough to get it back in the mid 20s. >> i'm going to let you run. but what about this mcdonald's debate? do you want to chime in on it. >> i love the mcrib likemy brother
let's go to steve grasso. a remarkable run for the stock. i've asked the question on more than one occasion, whether it's style or substance that's behind the move. >> if you look at it, this is a technical call there. there is the appearance of a triple top. you have to look at 20102010, 2. 1915ish. if we can cross over that, you're looking at the same thing. >> are you worried that once the halo, so to speak, that the street has given melissa myer the benefit of the doubt. once...
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>> pelley: steve hartman proves that he does "on the road". >> merry christmas! captioning sponsored by cbs pelley. this is the "cbs evening news" with scott pelley. >> pelley: good evening. erspelley: good evening. when the supreme court alters ed icourse of the nation, names are etched in history. ralessy v. ferguson" endorsed inial segregation; "brown v. board of education" ended it in hat ation. today we learned that the next name to make civil rights history may be "hollingsworth v. willy." her court said it will hear the case which could decide whether same-sex couples have a constitutional right to marry. the case centers on a ban on 20me-sex marriage that was passed by california voters in 2008. john blackstone has our lead from san francisco. >> reporter: for five months in 2008, same-sex couples in california could marry legally. then voters passed proposition 8 banning same-sex marriage. when gay couples challenged prop 8, both the state supreme court and the federal ninth circuit court of appeals ruled that banning same-sex marriage is unconstitutiona
>> pelley: steve hartman proves that he does "on the road". >> merry christmas! captioning sponsored by cbs pelley. this is the "cbs evening news" with scott pelley. >> pelley: good evening. erspelley: good evening. when the supreme court alters ed icourse of the nation, names are etched in history. ralessy v. ferguson" endorsed inial segregation; "brown v. board of education" ended it in hat ation. today we learned that the next name to make...
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i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case you want to buy apple. >> there are a million different reasons flying around the street, whether it's a technical sell-off we're seeing, the margin requirement story that we talked yesterday about, any validity to any of that, or is it simply this is a stock that has dominated the action over the course of a year, and people are just taking profits where profits are to be taken. >> i think again a lot of the participation in the stock is short term thinking which is problematic and we'll expand upon that at a later point. again, we talk about the fundamentals of this company and i just don't get it. i know dennis yo
i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case...
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think major points are lost and it's interesting one that i want to highlight that is worth noting so steve kean our guest our frequent guest was actually on the hill yesterday for a congressional briefing with members of congress. brought him in to do that and he was talking about how based on historical precedent what you could see with the fiscal cliff in terms of cuts dimitry to the public sector are not so much the impact of those public sector cuts but the impact on the private sector that may begin to leveraging once the government starts cutting what a shock yeah this is shocking news if you guys don't know this want to know you're not watching the show i mean. yes this is true this is actually one hundred percent accurate ok there is it back private liability yes yes but what i think is interesting is because it's a republican talking point that businesses are holding off on spending because of uncertainty because of what's going to happen with spending but yet steve can i think many would amount to. i would characterize a lot of ideas as more of a lefty economist so there you have
think major points are lost and it's interesting one that i want to highlight that is worth noting so steve kean our guest our frequent guest was actually on the hill yesterday for a congressional briefing with members of congress. brought him in to do that and he was talking about how based on historical precedent what you could see with the fiscal cliff in terms of cuts dimitry to the public sector are not so much the impact of those public sector cuts but the impact on the private sector...
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today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure out what the effect would be. my second question would be, back in '08 when the president was debating hillary clinton accepted the concept that every time we've raised capital gains tax, the receipts from that have gone down. every time we've lowered it, they've gone up. he accepted that. i want to know if his opinion is modified or is he considering laying off tax and business investment for fear that it will give us less of it. >> two very interesting questions there about what effect a change in taxes does to behavior. i think you can't deny the fact that it does change behav
today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure...
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stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> welcome back to "power h."on johnson&johnson getting expanded approval for the fda for the use of its drugs to treat men with late stage prostate cancer prior to recovering from chemo -- receiving chemotherapy, that is t
stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of marketing...
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. >> i hear what steve just said. but given the jobs report, we've also seen a drop in gasoline prices. when you get the -- when you remember the prices fell by gasoline. your decline in prices. that's a big increase in consumer spending and probably income last month. so i think consumers can replenish savings just a little bit and still have spending. you also have at the upper end $20 billion and growing of dividends declared this month. to beat the tax hike. that's $20 billion of cash flow that higher income individuals, not all of them but many of them will get. and much of that will end up being spent. >> you acknowledge that university in michigan consumer sentiment, that was big decline. and much of that is attributable to fears about the fiscal cliff. all bets could be off the table if we go off the fiscal cliff. >> sure if you go over the cliff. and you'll still have some tax hikes. we have consumer spending around 2% in real terms in line with income. we don't think the whole tax hikes will go into effect e
. >> i hear what steve just said. but given the jobs report, we've also seen a drop in gasoline prices. when you get the -- when you remember the prices fell by gasoline. your decline in prices. that's a big increase in consumer spending and probably income last month. so i think consumers can replenish savings just a little bit and still have spending. you also have at the upper end $20 billion and growing of dividends declared this month. to beat the tax hike. that's $20 billion of cash...
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they're then going to believe -- >> i hear what steve is saying there. i'm standing in your camp, which is a rare spot for me to be in, standing in chris's camp here, but i think you're right. i think the markets have not baked this into their equation. >> dysfunction and childishness. >> dysfunction and childishness has nothing to do with my bottom line, necessarily, in terms of how i'm going to pay for things necessarily. yeah, i get the political side of that. but as a market force, i don't think they've baked that in, number one. number two, i don't think that the president is going to allow this thing to get to that point. i think they're going to cut a short-term deal to get through that first quarter of next year. >> kick it down the road. >> no. who is the only hero from this election besides the president? the only hero? chris christie. the only one running 72%. people of all colors, all ethnic groups, you poll them, i have been in the rooms, i was there recently, they want a peace treaty of some kind to make it work. they don't want a big victo
they're then going to believe -- >> i hear what steve is saying there. i'm standing in your camp, which is a rare spot for me to be in, standing in chris's camp here, but i think you're right. i think the markets have not baked this into their equation. >> dysfunction and childishness. >> dysfunction and childishness has nothing to do with my bottom line, necessarily, in terms of how i'm going to pay for things necessarily. yeah, i get the political side of that. but as a...
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i mean, steve. i was building the studio and the green room said we were having coffee and there is it a great deal of pride with joprotects like that. >> i was a plumber and a roofer . my family was in construction. college is simply not for everyone. >> i with the college tuition crisis looming and you have children. 50 percent can't find jobs. mr. #1: a lot of people watching right now. they are in high school or about to graduate this coming year or family members who are in that and look thinking about what is next. >> this could be their life line. young guys getting into a trade it is not that long to learn and within a year or two you are cost effective and a good employee and you can make a living at it >> steve: how do you start. >> get out there and sell yourself. if you are a eager young guy and fire in the gut. a good employer will hire you on the spot. >> steve: and andy, your website. blue collar corner.comor see me on facebook. >> steve: thank you. straight ahead on monday morning, i
i mean, steve. i was building the studio and the green room said we were having coffee and there is it a great deal of pride with joprotects like that. >> i was a plumber and a roofer . my family was in construction. college is simply not for everyone. >> i with the college tuition crisis looming and you have children. 50 percent can't find jobs. mr. #1: a lot of people watching right now. they are in high school or about to graduate this coming year or family members who are in...
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what is the government's (in nailing steve cohen? charlie: i do not think people are focused on the fiscal cliff. they will not be focused until you see the market sell off. the market believes there will be a deal. until the market trade-off -- adam: we have a guest who will be talking about that a little later on as we get closer to the end of the year. the investigation is still underway. charlie: when you see the market trade-off you watch people freak out. interesting thing about steve cohen, there is no more remarkable trader out there than this guy. say what you want to about him. if you look at his returns, i think he started in 92, one down here. he is up this year, so far, 10%. that is why the feds are after him. i have been speaking to a lot of people with the fpi. long-term returns, consistent and less volatility. what they do, generally, they look at returns, pretty much steady returns, not a lot of volatility. you look at steve collins return, one down year. you look at warren buffett. he destroys profits over that peri
what is the government's (in nailing steve cohen? charlie: i do not think people are focused on the fiscal cliff. they will not be focused until you see the market sell off. the market believes there will be a deal. until the market trade-off -- adam: we have a guest who will be talking about that a little later on as we get closer to the end of the year. the investigation is still underway. charlie: when you see the market trade-off you watch people freak out. interesting thing about steve...
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steve hayes for "weekly standard." kirsten powers for daily beast. syndicated columnist, charles krauthammer. charles? >> look, i love when the president says we need conceptual break through. meaning the republicans have to accept a hike in rates. what he means is a political surrender. because there is no economic reason why you cannot raise the money he wants raised. by doing it through eliminating deductions, inclusions and credit. number one as we saw he, himself, said so. a year-and-a-half ago. secondly, the same debt reduction commission he appointed and then ignored. spoke about raising much more through eliminating deductions and loopholes. and credits. broadening the base. at the same time, lowering the rates. that is the economic ideal. everybody understands it's what happened in '86 in the tax reform. it's what was recommended in the debt reduction commission. in their three scenarios in one of them, they eliminate so many deductions that they would lower upper rates to 23% and still come out revenue neutral. so, of course, it can be done
steve hayes for "weekly standard." kirsten powers for daily beast. syndicated columnist, charles krauthammer. charles? >> look, i love when the president says we need conceptual break through. meaning the republicans have to accept a hike in rates. what he means is a political surrender. because there is no economic reason why you cannot raise the money he wants raised. by doing it through eliminating deductions, inclusions and credit. number one as we saw he, himself, said so....
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Dec 10, 2012
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in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is bringing a lot of production back from china, small and medium sized manufacturers are doing this. go to wal-mart and look at the house brand george, all of it's made in bangladesh, used to be in china. stuart: why is manufacturing-- for years we've said china is the manufacturing center piece of the planet. why is it leaving? >> there are so many reasons. first of all, wage rates are going up much fraster than product ticht and labor peaked political risk is not a factor and now it is, china is trying to use geopolitical leverage and risk of intellectual property loss and china is
in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is...
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fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade.
fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just...
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conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that
conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome....
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steve. >> steve: wee! all right. let's talk regulations. it's being called the farm of the future, but this food supply doesn't come from land. it comes from the ocean. unfortunately, an entrepreneur's plan to bring his deep water fish farm that you're looking at right there to the united states to help boost our nation's seafood supply and economy has been derailed by u.s. federal regulations and now he's being forced to ship his operation somewhere else. we'll tell you where in a moment. why are we driving businesses overseas the way we've done with the oil industry? joining us is the fellow at the competitive enterprise institute, nonpartisan group that studies the economic impact of federal regulations. this guy by the name of brian came up with open blue. what it is, it's a fish farm that he's figured a way to take the nets out into the middle of the ocean and do what? >> what he's able to do is to fish farm not guilty a way that satisfies three important groups. one is the foodies. people who understand the taste of wild fish prefer t
steve. >> steve: wee! all right. let's talk regulations. it's being called the farm of the future, but this food supply doesn't come from land. it comes from the ocean. unfortunately, an entrepreneur's plan to bring his deep water fish farm that you're looking at right there to the united states to help boost our nation's seafood supply and economy has been derailed by u.s. federal regulations and now he's being forced to ship his operation somewhere else. we'll tell you where in a...
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. ♪ [ male announcer ] this is steve. he loves risk. but whether he'slimbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with peoplee trusts, which is why he trades with a company that doesn't nick and dime him with hidden fees. so he can worry about other things, like what the market is doing and b ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. can i still ship a gift in time r christmas? yeah, sure you ca great. where's yr gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid om splashing up- relieving the pain quickly. try fast, long sting gaviscon®. david: well, shares of health management associates falling into the red today. let's head back to lauren simonetti on the floor of the
. ♪ [ male announcer ] this is steve. he loves risk. but whether he'slimbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with peoplee trusts, which is why he trades with a company that doesn't nick and dime him with hidden fees. so he can worry about other things, like what the market is doing and b ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. can i still ship a gift in time r christmas?...
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>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be millions of children this year will wake up without toys. we want everybody to get toys. >> brian: more fox friends friends in two minutes. >> more "fox & friends" in two minutes. >> brian: he knows um... uh... . . umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon.
>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be...
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. >> steve, good to have you on the program. >> thanks, maria. appreciate it. >> always nice to see you. new york presbyterian ceo. >>> will will move your money first thing tomorrow morning? we'll check it out for you. three of wall street's top experts weigh in. stay with us on "the closing bell." [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. ha
. >> steve, good to have you on the program. >> thanks, maria. appreciate it. >> always nice to see you. new york presbyterian ceo. >>> will will move your money first thing tomorrow morning? we'll check it out for you. three of wall street's top experts weigh in. stay with us on "the closing bell." [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch...
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here all right and that's going to do it for this edition of the kaiser report with me max kaiser and steve herbert i want to thank my guest anybody of the yes man if you want to send an e-mail please do so at kaiser reporting r t t v dot are you telling us by all. good lumber tour. was able to build the most sophisticated. doesn't sound anything. mission to teach creation. this is why you should care only. you think you understand it. and realize everything you. are welcome to the big picture.
here all right and that's going to do it for this edition of the kaiser report with me max kaiser and steve herbert i want to thank my guest anybody of the yes man if you want to send an e-mail please do so at kaiser reporting r t t v dot are you telling us by all. good lumber tour. was able to build the most sophisticated. doesn't sound anything. mission to teach creation. this is why you should care only. you think you understand it. and realize everything you. are welcome to the big picture.
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steve thanks for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for cing on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . gerri: how naughty is your favorite company? "consumer reports" says wh gerri: bank ever mechanic is throwing in the towel and giving up fight on fees. according to "the wall street journal" it is postponing fees for checking accounts. new fees will be delayed until late next year. the fees would have hit 10 million or so customersy end of the this year. bank of america was testing new fees in a pilot program in georgia, massachusetts and arizona. they're charging between six and 25 per month on type of account and service. shelving plans for the fees the nation's second largest bank is involving reliving up
steve thanks for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for cing on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . gerri: how naughty is your favorite company? "consumer...
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must be returned to the human rights activist steve hind legs both sides are now further from a two state solution than ever before. if we're serious about a two state solution and if we're serious about moving towards that. there's no way that this will have a settlement expansion can be seen as in any way a move towards getting back on the table and moving towards the peace talks that both sides so desperately need in the latest upsurge in violence that we've seen documented proof that israel launched indiscriminate attacks i.e. they failed to distinguish between combatant and civilian in the same way that hamas rocket attacks very clearly are aimed at civilians which is a violation of international humanitarian law in the sense that it's target civilian. indiscriminate nature of the arsenal we're further away from a two state solution perhaps you've ever been before but only by building on the international consensus that we've got israel and even the united states a favor away from can we hope to move towards. long lasting peace. or some other stories making headlines across the globe
must be returned to the human rights activist steve hind legs both sides are now further from a two state solution than ever before. if we're serious about a two state solution and if we're serious about moving towards that. there's no way that this will have a settlement expansion can be seen as in any way a move towards getting back on the table and moving towards the peace talks that both sides so desperately need in the latest upsurge in violence that we've seen documented proof that israel...
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at my father stages the economy was somewhat steve leung that mubarak is the oldest was thirty five point six at central bank now will still down fifteen zero point five billion dollars and this is a huge cut that would result and it affects the impulse and all of it affects investors no one will come to invest anything in here in egypt to do these easy we are first and second to. a large unemployment thing to do is to add the us also said to soon we are going if it was sick she would. filter scantiness to be all over the egypt this would affect all safe to say of egypt business would be shocked at our feet now we are divided between two parts there is a pole is a political force in one hand and muslim brotherhood in us of hands we are in the thirty fifth the sixth with greater thank you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. they're now getting that britain's unemployed into jobs it's proving to be a costly thank you lou three quarters of
at my father stages the economy was somewhat steve leung that mubarak is the oldest was thirty five point six at central bank now will still down fifteen zero point five billion dollars and this is a huge cut that would result and it affects the impulse and all of it affects investors no one will come to invest anything in here in egypt to do these easy we are first and second to. a large unemployment thing to do is to add the us also said to soon we are going if it was sick she would. filter...
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philip investec steve economists warn that reduced growth could lead to an eighty one billion pound black hole in britain's public finances by two thousand and fifteen sixteen meaning the government would need to borrow more to plug their revenue shortfall right so this is becoming a much bigger problem and once again the policies that are in place are creating deflation and expanding the black hole so they're doing the exact opposite but it's not just because here in britain they've got guys like michael spencer c.e.o. of i kept who's parasitically taking advantage of the black call by making a market and black call thanks michael spencer oh and by the way he's quoted in the weekend saying that governments after all spend money they do not make money now would they print money and you make money by making the market and the money printing go to the black hole so you're. gosh darn no good next. so you know ok we have a sixty billion pound this week anyway a sixty billion pound black hole in the banking sector we have an eighty one billion pound black hole in the government sector and geor
philip investec steve economists warn that reduced growth could lead to an eighty one billion pound black hole in britain's public finances by two thousand and fifteen sixteen meaning the government would need to borrow more to plug their revenue shortfall right so this is becoming a much bigger problem and once again the policies that are in place are creating deflation and expanding the black hole so they're doing the exact opposite but it's not just because here in britain they've got guys...
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steve, you were brutally cut off in your prime. so let's talk about -- let's get back to the point where you were at, which is talking about the structural deficit. >> yeah, i think that's where you cut me off in my prime. but anyway, the deficit is clearly not going to achieve getting rid of that in a five-year period. many estimates believe that in 2013-2014, the next fiscal year, it's going to be around 7%. that's better than the 11% inherited by this government, but will be a couple points worse than greece and spain. so that's a big negative for george osbourne. another one will be getting the percentage of debt compared with gdp in the country, getting that down within a five-year period, getting it syncing in the right direction. he thought it was going to peek around 75%, 75%. it looks like it could go up even further. so let's see what he says on that front today. in terms of options, he has very few options indeed because this is a government which as we know has set its fallout on plan a. and yet, are we seeing real aust
steve, you were brutally cut off in your prime. so let's talk about -- let's get back to the point where you were at, which is talking about the structural deficit. >> yeah, i think that's where you cut me off in my prime. but anyway, the deficit is clearly not going to achieve getting rid of that in a five-year period. many estimates believe that in 2013-2014, the next fiscal year, it's going to be around 7%. that's better than the 11% inherited by this government, but will be a couple...
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at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to be all over egypt this would affect also if jews of egypt business would be shocked at our feet now we are divided between two parts that is a pole is a political force in one hand and muslim who'd been us all hands whom we all in the body of the six was better thank you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. they're now getting at britain's unemployed into jobs it's proving to be a costly failure only three quarter
at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to...
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the palestinians need to be persuaded that talks are the only way forward for human rights activist steve hein believes settlement expansion is not the right path towards dialogue and peace. i say it's very important when the u.s. calls these certain expansions illegal when they call them counterproductive we should be using the word illegal because that's very clearly what this act is a further three thousand to be built illegally occupied palestinian territory and this is a obstacle to peace if we're serious about a two state solution and if we're serious about moving towards that. there's no way that this assessment expansion can be seen as in any way a move towards getting back on the table and moving towards the peace talks that both sides so desperately need in the latest upsurge in violence in gaza we've seen documented proof that israel launched indiscriminate attacks they failed to distinguish between combatant and civilian in the same way that hamas attacks very clearly aimed at civilians which is a violation of international humanitarian law in the sense that target civilian. i
the palestinians need to be persuaded that talks are the only way forward for human rights activist steve hein believes settlement expansion is not the right path towards dialogue and peace. i say it's very important when the u.s. calls these certain expansions illegal when they call them counterproductive we should be using the word illegal because that's very clearly what this act is a further three thousand to be built illegally occupied palestinian territory and this is a obstacle to peace...
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steve thanks for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for coming on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. gerri: how naughty is your favorite company? "consumer reports" says which ones are cold this christmas on the annual naughty and nice list gerri: bank ever mechanic is throwing in the towel and giving up fight on fees. according to "the wall str
steve thanks for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for coming on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . [ male announcer ] where do you turn for legal matters?...
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steve, good morning. >> good morning, becky. thanks. the stronger than expected jobs were not making believers of many economists. they continue to expect weak fourth quarter growth after that number came in at 146,000 with an expectation of around 85,000. fourth quarter growth estimates range from a low of below a half a point, 0.4%. that coming from morgan stanley. the high from what i could gather this morning, 1.5% at jpmorgan. remember that third quarter growth was 2.7 pfrs. a lot of this, though, is going to be inventories. suggesting the growth back drop a little bit stronger than what the number might imply. but the declining unemployment rate fell 0.2 to 7.7% complicates the job for the fed which is expected to place operation twist, where it sells short-term securities and buys long-term ones, with just outright asset purchases on the long end. here's the fed forecast for the fourth quarter. notice the actual there, at 7.7%. it's now at -- the forecast for the end of this year,.1%. it's now averaging you can see there on the l
steve, good morning. >> good morning, becky. thanks. the stronger than expected jobs were not making believers of many economists. they continue to expect weak fourth quarter growth after that number came in at 146,000 with an expectation of around 85,000. fourth quarter growth estimates range from a low of below a half a point, 0.4%. that coming from morgan stanley. the high from what i could gather this morning, 1.5% at jpmorgan. remember that third quarter growth was 2.7 pfrs. a lot of...
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courts its very constitution are now matters of heated debate one of the few things moved to gyptian steve seem to agree on after the long night of mubarak a new date is proving elusive tom bottom party. do sound promising some new shock revelations to rival the hundreds of thousands of secret diplomatic cables published by wiki leaks two years ago the editor of the whistle blowing web site also claims the us is becoming a totalitarian state with the help of social media haven't called it already you see the full interview on our website at www dot com. the problem is that all the time everyone nearly everything they do on the internet is permanently recorded every web search to know what you were thinking one year two days three months ago now you don't know google knows it remembers the national security agency intercepts the request of the u.s. border it knows will be. national security agency whistleblower who was research head of the national security agency's signals intelligence division describes this as turning a key to totalitarianism that all the infrastructure has been built fo
courts its very constitution are now matters of heated debate one of the few things moved to gyptian steve seem to agree on after the long night of mubarak a new date is proving elusive tom bottom party. do sound promising some new shock revelations to rival the hundreds of thousands of secret diplomatic cables published by wiki leaks two years ago the editor of the whistle blowing web site also claims the us is becoming a totalitarian state with the help of social media haven't called it...
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steve said it best from the outset. if the president does not get off to the right start here, it makes it incredibly difficult, if not at a minimum, complicated, to get the rest of his agenda through, not to mention all the foreign policy challenges that will be the backdrop. steve indicated this is the most important thing that will be done. he's likely right unless there's something that we don't want to at all think about or foresee for the next few years, so you have to get this right or get it done to get to the next step. >> but on the specifics of it, steve, why should we be optimistic? who's going to move from their position, and why would they? >> the reasons to be optimistic, you have two prose prose propos table that are robust. the president's made important concessions on revenues. the democrats have made concessions on addressing entitlements, not insufficient for the other one, and what we're fighting over now is this issue of tax rates. and the republicans do have to give on tax rates. it's going to be
steve said it best from the outset. if the president does not get off to the right start here, it makes it incredibly difficult, if not at a minimum, complicated, to get the rest of his agenda through, not to mention all the foreign policy challenges that will be the backdrop. steve indicated this is the most important thing that will be done. he's likely right unless there's something that we don't want to at all think about or foresee for the next few years, so you have to get this right or...
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steve brown is in our newsroom. what is the source of this? >>reporter: dead spin, a sports website has a post where an author says that he received an e-mail from a single aanyone miscellaneous source alleging that heavy alcohol use and a series of head injuries may have led to what happened early on saturday. i spoke with the chiefs and their front office says that there were no head injuries that he suffered this year but we only could come up with a groin injury very early in the season and they are double checking to make sure. the final word on all of this seems to be coming from the medical examiner and we are told the autopsy of he and his girlfriend were both completed today and that the results will not come back for six to eight weeks. >>shepard: any indications or thought of a moment for killing his girlfriend? >>reporter: our affiliate in kansas city says this erupted from an argument about her late return from a concert early in their early morning hours and it went from there. then, eventually, his girlfriend was shot multiple t
steve brown is in our newsroom. what is the source of this? >>reporter: dead spin, a sports website has a post where an author says that he received an e-mail from a single aanyone miscellaneous source alleging that heavy alcohol use and a series of head injuries may have led to what happened early on saturday. i spoke with the chiefs and their front office says that there were no head injuries that he suffered this year but we only could come up with a groin injury very early in the...
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. >>> a new biography of steve jobs will debut at next month ice sundance film festival. and ashton kutcher plays the apple co-founder from his teens to his 40s. it's the first of several of bio pics about jobs under production. you can see for yourself how closely kutcher resembles jobs. not too bad at all. did a good job with that. >>> and when we come back, london calling, again. we're going to go back across the pond for a live report on kate's royal baby news. >>> and then, first lady. secretary of state. or perhaps, mayor? does new york's michael bloomberg want hillary clinton to take his job? . [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat-rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them online, too. nice. between those boxes and this place, i'm totally staying sane this year. do i smell snickerdoodles? maybe. [ timer dings ] gotta go. [ male announcer ] priority mail flat rate boxes. online pricing starts at $5.15. only from the post
. >>> a new biography of steve jobs will debut at next month ice sundance film festival. and ashton kutcher plays the apple co-founder from his teens to his 40s. it's the first of several of bio pics about jobs under production. you can see for yourself how closely kutcher resembles jobs. not too bad at all. did a good job with that. >>> and when we come back, london calling, again. we're going to go back across the pond for a live report on kate's royal baby news....
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i'm becky quick along with joe kernen and steve liesman. the november jobs report is now just about 150 minutes away. count do countdown is on. the economy probably added about 80,000 jobs last month. reuters consensus is a little higher at 93,000. the unemployment rate expected to hold steady at 7.9% and economists say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stock
i'm becky quick along with joe kernen and steve liesman. the november jobs report is now just about 150 minutes away. count do countdown is on. the economy probably added about 80,000 jobs last month. reuters consensus is a little higher at 93,000. the unemployment rate expected to hold steady at 7.9% and economists say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire...
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i mean, where are you on this, rick -- or, i'm sorry, steve? >> interesting. >> i'm just -- no, that i called you rick? no, because of rick perry. but i think that's what you're alluding to. >> yeah. >> was it that one that you wanted to get rid of the department of education? >> the role -- >> i like the idea of giving it down to the states. >> the idea that a department of education in washington, d.c., should be making decisions for each of the states is just ludicrous, you know, from a constitutional standpoint, it just is not functional. >> when was it is, 1980? i mean, it's a relatively recent addition that has swallowed up democracy. >> the money that comes and creates more bureaucracy and then they try to dictate to the states, here, race to the top's a good example of it. we tell them, you know, with all due respect, we don't want to participate in race to the top. because we asked them, well, can we take a look at the national standards that you want to put in place and can we see the tests? well, those aren't done yet. not unlike the
i mean, where are you on this, rick -- or, i'm sorry, steve? >> interesting. >> i'm just -- no, that i called you rick? no, because of rick perry. but i think that's what you're alluding to. >> yeah. >> was it that one that you wanted to get rid of the department of education? >> the role -- >> i like the idea of giving it down to the states. >> the idea that a department of education in washington, d.c., should be making decisions for each of the...
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i'm not understanding. >> let's ask steve smith. he is a deputy superintendent of the atlanta public schools. adrienne is yawning, so i'll give her a break for a little bit. why no carbon monoxide monitors? that seems basic. they're not all that expensive. i think you can get one on amazon for 5 bucks or something. >> thanks for asking, soledad. utmost importance is to make sure that our staff and students are safe. while the law doesn't require for us to have the carbon monoxide detectors in the schools, certainly as a result of this incident it will prompt us to look into that matter which we actually started yesterday. our understanding is actually there are probably -- there are some state that is currently do have that option. and that's going to prompt us, as a result of yesterday's incident, we've already started that process. >> in the state of georgia, where you are, if you're in a residents, you have to have a carbon monoxide monitor. it seems contradictory that your school, which is relatively new, built in 2005 or someth
i'm not understanding. >> let's ask steve smith. he is a deputy superintendent of the atlanta public schools. adrienne is yawning, so i'll give her a break for a little bit. why no carbon monoxide monitors? that seems basic. they're not all that expensive. i think you can get one on amazon for 5 bucks or something. >> thanks for asking, soledad. utmost importance is to make sure that our staff and students are safe. while the law doesn't require for us to have the carbon monoxide...
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. >>> a new movie about steve jobs will premier at the sundance film festival. you see ashton kutcher looks like a young jobs. it covers a 30 year span. another movie you have to see. >> i will see it for sure. thank you. >>> you're in "the situation room." syrian rebels laying siege to a key government military base. aur own arwa damon is on the ground inside syria and behind rebel lines. and violence spreading in egypt. protesters break through barriers to attack police as ambulances race to the presidential palace. and why a father fears he'll never see his 5-year-old daughter again unless the united states supreme court steps in. >>> we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room." >>> weeks of violent protests in egypt are now spreading. demonstrators, angry at a perceived presidential power grab, delivered their outrage today at the presidential palace in cairo, where at one point protesters breached the security barricades. you just got back from some of those violent protests at t
. >>> a new movie about steve jobs will premier at the sundance film festival. you see ashton kutcher looks like a young jobs. it covers a 30 year span. another movie you have to see. >> i will see it for sure. thank you. >>> you're in "the situation room." syrian rebels laying siege to a key government military base. aur own arwa damon is on the ground inside syria and behind rebel lines. and violence spreading in egypt. protesters break through barriers to...
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. >> at this moment does it look like the image of a christmas eve company or steve or do week over the cliff? >> who knows. somebody who thinks they know is only guessing. maybe there's some strategy in the white house that by a certain date a work something out. >> really stop the morning with the papers. we still love the current papers. mr. woodward is assistant managing editor of the "washington post," which says fiscal year earnings yet to face wall street as stock markets are convinced that the fiscal drama is going to work out. the "financial times" has the opposite headline. they say wall street anxiety grows. so which of these is more true? >> on wall street they live in the zone of eternal and i'm peaceful coexistence of optimism and pessimism. you can talk to somebody who's in the investment world on wall street and in the morning and they're optimistic in in the afternoon their pessimistic. so i think probably one, you know, don't know. both papers have great reporters and they're talking to people about that and so forth. if you look, i would go with deposed in the short r
. >> at this moment does it look like the image of a christmas eve company or steve or do week over the cliff? >> who knows. somebody who thinks they know is only guessing. maybe there's some strategy in the white house that by a certain date a work something out. >> really stop the morning with the papers. we still love the current papers. mr. woodward is assistant managing editor of the "washington post," which says fiscal year earnings yet to face wall street as...